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BRLN vs. TLTW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BRLN and TLTW is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

BRLN vs. TLTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Floating Rate Loan ETF (BRLN) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
24.73%
-4.02%
BRLN
TLTW

Key characteristics

Sharpe Ratio

BRLN:

2.81

TLTW:

0.03

Sortino Ratio

BRLN:

4.32

TLTW:

0.11

Omega Ratio

BRLN:

1.56

TLTW:

1.01

Calmar Ratio

BRLN:

8.19

TLTW:

0.02

Martin Ratio

BRLN:

27.37

TLTW:

0.08

Ulcer Index

BRLN:

0.31%

TLTW:

3.97%

Daily Std Dev

BRLN:

2.98%

TLTW:

10.58%

Max Drawdown

BRLN:

-2.07%

TLTW:

-18.59%

Current Drawdown

BRLN:

0.00%

TLTW:

-11.57%

Returns By Period

In the year-to-date period, BRLN achieves a 7.68% return, which is significantly higher than TLTW's -0.41% return.


BRLN

YTD

7.68%

1M

0.72%

6M

4.27%

1Y

8.17%

5Y*

N/A

10Y*

N/A

TLTW

YTD

-0.41%

1M

0.38%

6M

-0.25%

1Y

0.00%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BRLN vs. TLTW - Expense Ratio Comparison

BRLN has a 0.55% expense ratio, which is higher than TLTW's 0.35% expense ratio.


BRLN
BlackRock Floating Rate Loan ETF
Expense ratio chart for BRLN: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for TLTW: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

BRLN vs. TLTW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Loan ETF (BRLN) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for BRLN, currently valued at 2.81, compared to the broader market0.002.004.002.810.03
The chart of Sortino ratio for BRLN, currently valued at 4.32, compared to the broader market-2.000.002.004.006.008.0010.004.320.11
The chart of Omega ratio for BRLN, currently valued at 1.56, compared to the broader market0.501.001.502.002.503.001.561.01
The chart of Calmar ratio for BRLN, currently valued at 8.19, compared to the broader market0.005.0010.0015.008.190.02
The chart of Martin ratio for BRLN, currently valued at 27.37, compared to the broader market0.0020.0040.0060.0080.00100.0027.370.08
BRLN
TLTW

The current BRLN Sharpe Ratio is 2.81, which is higher than the TLTW Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of BRLN and TLTW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
2.81
0.03
BRLN
TLTW

Dividends

BRLN vs. TLTW - Dividend Comparison

BRLN's dividend yield for the trailing twelve months is around 7.86%, less than TLTW's 14.49% yield.


TTM20232022
BRLN
BlackRock Floating Rate Loan ETF
7.86%9.06%1.48%
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
14.49%19.59%8.71%

Drawdowns

BRLN vs. TLTW - Drawdown Comparison

The maximum BRLN drawdown since its inception was -2.07%, smaller than the maximum TLTW drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for BRLN and TLTW. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-10.02%
BRLN
TLTW

Volatility

BRLN vs. TLTW - Volatility Comparison

The current volatility for BlackRock Floating Rate Loan ETF (BRLN) is 0.96%, while iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) has a volatility of 2.41%. This indicates that BRLN experiences smaller price fluctuations and is considered to be less risky than TLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
0.96%
2.41%
BRLN
TLTW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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